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Stories that are tagged 'tax credits'

Obamacare Repeal Would Benefit High-Income Taxpayers: Think Tank

by Mike Godfrey,, Washington

Monday, March 13, 2017

The repeal or delay to tax increases in the Affordable Care Act (ACA) will "overwhelmingly benefit high-income households," according to the Urban-Brookings Tax Policy Centre (TPC). Read Full Story


House Tax Committee Votes To Repeal Obamacare

by Mike Godfrey,, Washington

Friday, March 10, 2017

Further progress towards the repeal of Obamacare and its replacement with a Republican alternative was taken on the evening of March 9, with the House of Representatives House Ways and Means Committee approving the proposed new legislation. Read Full Story


More Tax Hikes For UK Taxpayers In 2017 Budget

by Jason Gorringe,, London

Thursday, March 9, 2017

The UK Budget, released on March 9, 2017, featured tax measures to, among other things, hike taxes on self-employed workers, further close avenues for legal avoidance, and defer mandatory digital tax reporting until April 2019. Read Full Story


Canada Launches New Online Tax, Benefits Portal

by Mike Godfrey,, Washington

Wednesday, March 8, 2017

Canada has merged two portals that are used by taxpayers to update and manage their tax affairs and benefits online. Read Full Story


Ghana's 2017 Budget Looks For Improved Tax Compliance

by Lorys Charalambous,, Cyprus

Monday, March 6, 2017

As promised in the recent elections, and despite the country's significantly increased fiscal deficit in 2016, Ghana's new Government has decided to balance its election promise of beginning a program of tax cuts to boost private sector growth, with an attack on tax non-compliance. Read Full Story


Canada Extends Mineral Exploration Tax Credit

by Mike Godfrey,, Washington

Monday, March 6, 2017

The Canadian Government has announced that it will extend the 15 percent Mineral Exploration Tax Credit for investors in flow-through shares for an additional year. Read Full Story


IRS Issues Revised Guide For Individuals Claiming FTCs

by Scott Hamilton,, Washington

Thursday, March 2, 2017

The US Internal Revenue Service has released a revised version of its tax guide on foreign tax credits for use by individuals when preparing their 2016 tax returns. Read Full Story


IRS Holding Refunds Worth USD1bn For 2013 Non-Filers

by Scott Hamilton,, Washington

Thursday, March 2, 2017

The US Internal Revenue Service has announced that tax refunds totaling more than USD1bn may be waiting for an estimated one million taxpayers who have not yet filed a 2013 federal income tax return. Read Full Story


Canada Publishes Tax Expenditures Report

by Mike Godfrey,, Washington

Wednesday, March 1, 2017

The Canadian Government has published its 2017 report on the fiscal cost of federal tax expenditures. Read Full Story


British Columbia Reforms PST, Corporate Tax Rates

by Mike Godfrey,, Washington

Wednesday, February 22, 2017

British Columbia is to phase out the provincial sales tax on electricity and reduce the small business tax rate. Read Full Story




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